Question: Question 1 (1 point) Saved Aidan is preparing for his son' tuition fees. He plans to pay $21,500, $22,500, and $30,000 over the next three
Question 1 (1 point) Saved Aidan is preparing for his son' tuition fees. He plans to pay $21,500, $22,500, and $30,000 over the next three years. The first payment will be made after one year. The bank offers him an annual interest rate of 10%, how much should Aidan deposit today? Question 1 options:
a)
$60,680
b)
$65,650
c)
$72,500
d)
$74,000
e)
$68,850
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